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Novack company recently signed a lease for a new office building, for a lease period of 10 years. Under the lease agreement, a security deposit
Novack company recently signed a lease for a new office building, for a lease period of 10 years. Under the lease agreement, a security deposit of $14,720 is made, with the deposit to be returned at the expiration of the lease, with interest compounded at 5% per year. what amount will the company receive at the time the lease expire
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